CBDCs and me
How I came to love the bomb... Just kidding!
Background
I orange pilled in 2016 and have not sobered up, in fact I have been consuming crypto news, theory, development, idiocy and knowledge since then.
Tens of thousands of hours later I am totally addicted and convinced that Bitcoin is the invention of the century. Please please read the 8-page Bitcoin white paper!
A fundamental fact about Bitcoin (leaving ‘crypto’ for now as it is not Bitcoin) is that it came alive right at the latest major economic crisis in 2008 onwards.
It is equally important to know that Bitcoin is the Apex result of over 40 years of research, trials, failures and findings. Satoshi Nakamoto (the pseudonym of the originator/ originators) was truly standing on the shoulders of giants, indeed a giant himself.
One person that was also instrumental in the making of Bitcoin needs to be mentioned and that’s Hal Finney, who unfortunately died in 2009.
Clash of views
Anyway – from 2016 til today I have gotten more and more aware of CBDCs – the IMF, BIS*, EU, US and some 85-90% of all the central banks teddy bear in this whirling digital world. Central Bank Digital Currencies… brrr.
Let’s be clear: I hated it. My gut feeling was this will lead to to total government domination of every aspect of every persons life, choices, actions and perhaps even thoughts, at least when expressed somewhere digital.
Bridging differences
Cooling off a bit I decided to study ‘the enemy’ and this substack is where I am going to offload thoughts and try for a bridging effort between Bitcoin and people involved in CBDCs.
Many in the crypto space will certainly not approve and many on the Gov side of the matter may well be suspicious, but let’s see how this plays out.
The next piece will talk about China leading the way, possibly pushing many into CBDCs.
Kind regards
/Henrik Kugelberg
(Connect with me at https://www.linkedin.com/company/kugelpro/.)